Natural Resource Partners (NRP) Net Margin (2009 - 2026)
Natural Resource Partners (NRP) posted Net Margin of 46.58% for Q2 2026, down 20.34 percentage points from 66.92% a year earlier but up 5.83 percentage points from the prior quarter.
Natural Resource Partners (NRP) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Natural Resource Partners was 53.36%, down 7.00 percentage points year-over-year; for FY2025, it came in at 65.79%, up 7.99 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +147.78 percentage points (FY2020 to FY2025).
- In prior years, Natural Resource Partners' Net Margin was 57.80% in FY2024 (+3.54 pp), 54.27% in FY2023 (-7.05 pp), 61.31% in FY2022 (+25.59 pp) and 35.72% in FY2021 (+117.71 pp).
- Quarterly Net Margin has run from a low of 37.92% in Q3 2021 to a high of 70.75% in Q1 2024 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -2.80 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2022, with a gain of 61.10 percentage points; the weakest was Q1 2026, with a drop of 24.41 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 40.75% (Q1 2026), 66.36% (Q4 2025) and 60.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 12.52% |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 17.23% |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 10.35% |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 8.80% |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 9.17% |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 30.55% |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 26.19% |
| 10 | Natural Resource Partners | 1.52 Bn | 1.40 Bn | 47.24 Mn | 46.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.58% |
| Mar 31, 2026 | 40.75% |
| Dec 31, 2025 | 66.36% |
| Sep 30, 2025 | 60.11% |
| Jun 30, 2025 | 66.92% |
| Mar 31, 2025 | 65.16% |
| Dec 31, 2024 | 65.08% |
| Sep 30, 2024 | 44.96% |
| Jun 30, 2024 | 47.23% |
| Mar 31, 2024 | 70.75% |
| Dec 31, 2023 | 67.44% |
| Sep 30, 2023 | 50.75% |
| Jun 30, 2023 | 41.36% |
| Mar 31, 2023 | 56.83% |
| Dec 31, 2022 | 57.41% |
| Sep 30, 2022 | 65.57% |
| Jun 30, 2022 | 59.36% |
| Mar 31, 2022 | 62.86% |
| Dec 31, 2021 | 56.68% |
| Sep 30, 2021 | 37.92% |
Natural Resource Partners Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();